Unconventional policies are turning out to be a classic game-theoretic bad equilibrium


Each central bank stands to gain by keeping interest rates low, but, collectively, their approach constitutes a trap.

Kaushik Basu, Project Syndicate 18 October 2017

Kommentarer

Populära inlägg i den här bloggen

Niklas Ekdal, bunkergängets apologet

Röd Öppning - Red Opening

Tickande bomben i Heimstaden AB